Latest from Markets

NZ's Vulcan to buy Ullrich Aluminium for $165m

Vulcan Steel has entered a deal to buy Ullrich Aluminium.

Jarden Brief: Tesla shares rise sharply on vehicle delivery growth

The automaker's second quarter results reported adjusted earnings of US$2.27 per share.

Pacific Edge rallies for second day on southern district health region deal

And the index rose 0.6 per cent.

Jarden Brief: Health and utility stocks slide backwards

Health insurer Elevance Health slid more than 9 per cent.

Market close: NZAI shares fall as battle for control of board continues

Overall, the sharemarket rose, led by Pacific Edge.

Jarden Brief: IBM shares slide on warning of foreign exchange hi

US dollar appreciation could result in a foreign exchange hit of US$3.5 billion.

Market close: Eroad leads falls as NZ sharemarket remains unchanged

Turnover was thin, with many market participants away during school holidays.

Kathmandu chief executive Reuben Casey resigns

CEO of the outdoor clothing company had been in the role since 2019.

Jarden Brief: Oil price climbs over worries about Russian gas supplies

The price of WTI Crude was up 4 per cent to US$101.49.

Market close: Spark a big gainer after cell towers windfall

But the local index drifted ahead of the latest Reserve Bank move on interest rates.

Jarden Brief: Casino haven lockdown hurts gambling stocks

Twitter totters after Elon Musk melee but paint company shines in overnight trading.

Market close: Investors cautious as inflation, OCR 'headwinds' remain

The New Zealand sharemarket fell more than half a per cent.

Market close: Resurgent F&P Healthcare shows sharemarket the way

The index increased 3.8 per cent this week.

Stock Takes: More pain to come for sharemarket

Which stocks will be the winners and losers if we go into a recession?

Jarden Brief: Energy bursts back into life, GameStop up too

Jarden Brief: US deficit grows despite jump in exports, Aussie surplus surges.

Market close: AFT surges on new products launch in China

The New Zealand sharemarket took on a mood of uncertainty and had a small loss.

Jarden Brief: US indices up but energy stocks slide

Jarden Brief: American indices resurgent - but cruise companies tank.

Market close: Growth stocks help push index to strong gain

Biggest single-day rise for the index in more than four months.